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Order PCC to remove cartels among pharma companies

SECTOR: Social Services SONA YEAR: 2022 Order PCC to remove cartels among pharma companies PROMISE STATUS - DATE: In progress as of 07/17/2023 The PCC told VERA Files of an ongoing investigation on procurement activities in the pharmaceutical sector for possible violations of Sections 14 and 15 of the Philippine Competition Act. The commission regularly

By vfadmin

Jul 2, 2024

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SECTOR: Social Services

SONA YEAR: 2022

Order PCC to remove cartels among pharma companies

PROMISE STATUS - DATE: In progress as of 07/17/2023

  • The PCC told VERA Files of an ongoing investigation on procurement activities in the pharmaceutical sector for possible violations of Sections 14 and 15 of the Philippine Competition Act.
  • The commission regularly conducts market studies in the pharmaceutical sector to find potential anti-competitive agreements and abuses of market dominance.
  • The Barcelona School of Economics is assisting PCC in training other government agencies and regulators on competition issues in the pharmaceutical sector “to help correct a policy environment that may be incentivizing the operation of cartels.”

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